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Aug 6 - The housing turmoil is still ongoing, but mortgage related losses are just beginning, home financing giant Freddie Mac told investors after posting another quarterly loss.Blue chips rose 40 points to 11,656. The S&P 500 gained 4 points to 1,289. The Nasdaq jumped 28 points to 2,378. Crude oil lost 59 cents to finish at $118.58 a barrel. Conway Gittens reports from New York. Author: ReutersVideo Keywords: Freddie Mac Housing crisis Dow Nasdaq reuters business_GF Added: August 6, 2008

Aug 5 - U.S. stocks surged nearly 3 percent across the board in the biggest one-day rally in four months as investors bet the Federal Reserve will not raise rates this year. Author: ReutersVideo Keywords: Dow NASDAQ Crude oil reuters business_GF Added: August 5, 2008

Jul 29 - Crude oil prices dropped roughly $2.50 on fear of further demand reduction in the U.S., the world's largest energy consuming nation. The Dow jumped 266 points to 11,397. The S&P 500 rallied 28 points to 1,263. The Nasdaq gained 55 points to 2,319. Oil prices settled at $122.19 a barrel. Conway Gittens reports from New York. Author: ReutersVideo Keywords: Crude oil Dow Nasdaq Reuters business_GF Added: July 29, 2008

Jul 29 - Merrill Lynch is unloading risky debt, and is accepting a price well below market value.Merrill is seeking to raise capital after unloading its risky debt. The sale will trigger a third quarter write down of about $5.7 billion. Bobbi Rebell reports from New York. Author: ReutersVideo Keywords: Merrill Lynch reuters business_GF Added: July 29, 2008

Jul 22 - Dolly was upgraded to a hurricane from a tropical storm but oil prices still fell due to small risk of disruption to Gulf operations.The Dow surged 135 points to 11,602. The S&P 500 gained 17 points to 1,277. The Nasdaq rallied 24 points to 2,303. Crude oil lost more than $3 to settle at $127.95 a barrel. Conway Gittens reports from New York. Author: ReutersVideo Keywords: Ol prices Hurricane Dolly business_GF Added: July 22, 2008

Jul 22- Treasury Secretary Henry Paulson is working to build support for his plan to help Fannie Mae and Freddie Mac. The plan could cost taxpayers as much as $25 billion according to the Congressional Budget Office. Bobbi Rebell reports. Author: ReutersVideo Keywords: Henry Paulson Fannie Mae Freddie Mac reuters business_GF Added: July 22, 2008

Jul 15 - Federal Reserve Chairman Ben Bernanke said the U.S. economy is facing "significant downside risks", which was not received well on Wall Street. The Dow dropped 92 points to 10,962. The S&P 500 lost 13 points to 1,214. The Nasdaq rallied 2 points to 2,215. Crude oil had its biggest one-day dollar drop in 17 years. Conway Gittens reports. Author: ReutersVideo Keywords: Market closing bell Dow Nasdaq Wall Street reuters business_GF Added: July 15, 2008

Jul 9 - The Pentagon reopened bidding on an aerial refueling tanker; stocks continue recent slide. The Pentagon will hold a new competition for the $35 billion dollar aerial refueling tanker contract. Meanwhile the markets extended their downward spiral, pushing the S&P into bear market territory. Bobbi Rebell reports. Author: ReutersVideo Keywords: US Stcoks tanker bids reuters business_GF Added: July 9, 2008

Jul 2 - A spike in oil prices finally pushed blue chips to close in bear market territory after hovering near the threshold for three sessions.A bear market is defined by a 20 percent drop from an all-time peak. Analysts and traders said investors should expect Wall Street to grind even lower.Conway Gittens reports Author: ReutersVideo Keywords: Wall street bears market reuters business_gf Added: July 2, 2008

Jul 2 - A steep slide pushed the Dow and Nasdaq to close in bear market territory as a spike in oil to a record near $144 a barrel fueled inflation and economic jitters.The Dow tumbled 166 points to 11,215. The S&P 500 fell 23 points to 1,261. The Nasdaq shed 2.3 percent, or 53 points, to 2,251. Crude oil jumped $2.60 to a record of $143.57 a barrel.Conway Gittens reports Author: ReutersVideo Keywords: Dow Nasdaq bear market reuters business_gf Added: July 2, 2008

Jul 1 - McCain heads to Colombia and Mexico this week, and later this summer Obama plans a trip to Europe, Middle East. Republican Senator John McCain has tactical reasons for going to Latin America. His popularity among Hispanic voters has been eroding in recent polls as Obama's has grown. For Democratic Senator Barack Obama, the need is to convince Americans that he is not a foreign policy lightweight as the McCain camp has suggested. Deborah Lutterbeck reports. Author: ReutersVideo Keywords: John McCain MexicoColombia candidates foreign policy Reuters business_GF Added: July 1, 2008

Jul 1 - As oil consumption grows and access to most oil-rich regions becomes increasingly restricted, companies are venturing farther out to sea, drilling deeper than ever in their quest for energy.A decade ago when Chevron's Petronius came online it was one of the deepest water oil production facilities in the Gulf of Mexico --at 17-hundred feet. The next oil frontier - and the challenge for oil exploration - lies below 10,000 feet of water, through five miles of hard rock, thick salt and tightly packed sands. Ruben Ramirez reports. Author: ReutersVideo Keywords: Oil drilling energy sources reuters business_gf Added: July 1, 2008

Jul 1 - A surprisingly good report from General Motors helped keep stocks from closOil once again hit a record high, closing just shy of $141 a barrel. A new report showed U.S. factory activity expanded for the first time in five months, but that inflation is still a threat. Bobbi Rebell reports from New York. ing in bear market territory. Author: ReutersVideo Keywords: GM stocks market wrap Dow Nasdaq Reuters Business_gf Added: July 1, 2008

Jun. 30 - WALL-E was at the top of the box office on its opening weekend, giving Disney's Pixar its latest number one hit.Pixar continues its winning streak with the successful release of WALL-E. Its creativity and risk taking have given it a unique perch at the top of Hollywood. Bobbi Rebell reports. Author: ReutersVideo Keywords: Disney Pixar WALL-E business_GF Added: June 30, 2008

The Dow closed 3 points higher at 11,350. The S&P 500 edged 1 point higher to 1,280. The Nasdaq fell 22 points to 2,292. Crude oil slipped 21 cents to $140 a barrel. Conway Gittens reports from New York Author: ReutersVideo Keywords: Dow Nasdaq U.S Market Close Oil Reuters business_GF Added: June 30, 2008

Jun 25 - US interest rates remain at historic lows, but worries remain about inflation. The Federal Reserve kept its Fed Funds rate at just two percent, but released a carefully worded statement outlining concerns about the US economy. Bobbi Rebell reports from New York. Author: ReutersVideo Keywords: Fed rates steady U.S Economy Reuters business_GF Added: June 25, 2008

Jun 25 - The Dow and the Nasdaq put an end to three days of losses as comforting words from the Federal Reserve, lower oil prices, and earnings optimism buoyed sentiment. The Dow gained 4 points to 11,811. The S&P 500 rose 7 points to 1,321. The Nasdaq gained 32 points to 2,401. Crude oil fell $2.45 a barrel to settle at $134.55. Conway Gittens reports. Author: ReutersVideo Keywords: Market close Dow Nasdaq Reuters business_GF Added: June 25, 2008

May 12 - U.S. investors showed they were willing to take on risk as oil prices fell for the first time in six sessions and investors bet a faster BlackBerry would spur corporate spending. The Dow rallied 130 points to 12,876. The S&P 500 rallied 15 points to 1,403. The Nasdaq rallied 42 points to 2,488. Crude oil shed $1.73 to $124.23 a barrel. Conway Gittens reports from New York. Author: ReutersVideo Keywords: Dow Nasdaq S&P Market Close reuters business_GF Added: May 12, 2008

May 7. - U.S. stocks tumbled nearly 2 percent on Wednesday as investors worried about the impact of $123 oil on consumers and businesses. The Dow fell 206 points to 12,814. The S&P 500 shed 25 points to 1,392. The Nasdaq dropped 44 points to 2,438. Crude oil settled at a record of $123.53 a barrel. Author: ReutersVideo Keywords: Oil fuels Wall Stree business_gf Added: May 7, 2008

U.S. stocks staged a late-day turnaround as the energy sector rallied on the back of $121 oil and Fannie Mae led a rebound in financials.The Dow rose 51 points to 13,020. The S&P 500 rose 10 points to 1,418. The Nasdaq rose 19 points to 2,483. Crude oil settled at a record $121.84 a barrel. Author: ReutersVideo Keywords: stocks Dow oil business_gf Added: May 6, 2008

May 6. - Where are oil prices heading? Wall Street is divided.Analysts are divided on the future course of crude oil as the commodity closes at a new record high of $121.84 a barrel in New York. Author: ReutersVideo Keywords: Oil New York record business_gf Added: May 6, 2008

May 5 - The trading week gets off to a weak start with the Dow industrials falling 88 as oil prices surged again. The Dow lost 88 points. The S&P 500 slipped 6, the Nasdaq lost 12. Conway Gittens reports. Author: ReutersVideo Keywords: US markets closing bell Dow Nasdaq Oil business_GF Added: May 5, 2008

May 5 - Investors punished Yahoo's stock after Microsoft withdrew its $47.5 billion bid for the Internet company. Author: ReutersVideo Keywords: Yahoo stock plunges Microsoft bid Reuters business_GF Added: May 5, 2008

Grand Theft Auto IV may be a big hit but its not the only game in town.Big crowds may have turned out for the launch of Grand Theft Auto IV, but Nintendo and its family friendly games are attracting a lot of attention, and sales, as well. Bobbi Rebell reports. Author: reutersvideo Keywords: Nintendo Grand Theft Auto IV Reuters business_GF Added: April 29, 2008

Apr 29 - It was the second day of small moves for the stock market as investors awaited word from the Federal Reserve's two-day meeting. The Dow lost 39 points to 12,831. The S&P 500 dipped 5 points to 1,390. The Nasdaq gained a point to 2,426. Crude prices closed below $116 a barrel. Conway Gittens reports from New York. Author: reutersvideo Keywords: U.S Markets close Dow Nasdaq S&P Reuters business_GF Added: April 29, 2008

Apr 14 - Lipper Fund Award winner Lauriann Kloppenburg, Chief Investment Officer of the Equity Group and Loomis Sales, recommends being flexible and taking a long term approach. Author: reutersvideo Keywords: Lipper Fund Reuters business_GF Added: April 14, 2008

Apr 14 - Earnings season is in full swing as the week began with more bad news from the nation's fourth largest bank. Oil prices hit a record high thanks to a weak dollar and supply disruptions. Meanwhile, markets were caught off guard by Blockbuster's offer to buy struggling electronics retailer Circuit City for $1.3 billion. Bobbi Rebell reports. Author: reutersvideo Keywords: Wachovia loss Reuters business_GF Added: April 14, 2008

Apr 9 - Crude oil prices jumped above $112 for the first time after an unexpected drop in American crude inventories stoked supply fears. Author: reutersvideo Keywords: Oil surges crude oil prices reuters business_GF Added: April 9, 2008

Apr 9 - U.S. stocks fell on Wednesday after oil touched a record $112 a barrel and a warning from United Parcel Service added to profit and economic jitters. The Dow fell 49 points to 12,527. The S&P 500 lost 11 points to 1,354. The Nasdaq shed 26 points to 2,322. Crude oil settled at record of $110.87 a barrel. Conway Gittens reports. Author: reutersvideo Keywords: Wall Street Oil prices reuters business_GF Added: April 9, 2008

Apr 8 - Smartphones are gaining popularity but new users may not be aware of the possible security breeches of mobile devices that connect to the web.Like their larger personal computer and laptop predecessors, smartphones are vulnerable to viruses and malware, but software companies like Microsoft, Symantec and McAfee are hoping to minimize those risks with new products. Conway Gittens reports from New York. Author: reutersvideo Keywords: Smartphones security risk business_GF Added: April 8, 2008